Gina Mastantuono - Aug 20, 2023 Form 4 Insider Report for Roblox Corp (RBLX)

Role
Director
Signature
/s/Mark Reinstra Attorney-in-Fact for Gina Mastantuonto
Stock symbol
RBLX
Transactions as of
Aug 20, 2023
Transactions value $
$0
Form type
4
Date filed
8/22/2023, 07:39 PM
Previous filing
Aug 21, 2023
Next filing
Aug 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBLX Class A Common Stock Other $0 -1.6K -7.69% $0.00 19.2K Aug 20, 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RBLX Phantom Stock Other +1.6K 1.6K Aug 20, 2023 Class A Common Stock 1.6K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the vesting on August 20, 2023, of restricted stock units previously granted to the reporting person, the reporting person's receipt of 1,596 shares of Class A common stock was deferred, resulting in the reporting person's receipt instead of 1,596 shares of phantom stock pursuant to Roblox Corporation's deferred compensation plan. The reporting person is therefore reporting the disposition of 1,596 shares of Class A common stock in exchange for an equal number of shares of phantom stock.
F2 A portion of these securities are Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 Each share of phantom stock represents a right to receive one share of Class A common stock.
F4 The phantom stock becomes payable in two lump sum payments each at 50% on March 1, 2028 subject to the Reporting Person continuing as a service provider through March 1, 2028 and 50% on a separation from service.